The place to ask China-related questions!
Beijing Shanghai Guangzhou Shenzhen Chengdu Xi'an Hangzhou Qingdao Dalian Suzhou Nanjing More Cities>>

Categories

Close
Welcome to eChinacities Answers! Please or register if you wish to join conversations or ask questions relating to life in China. For help, click here.

By continuing you agree to eChinacities's Privacy Policy .

Sign up with Google Sign up with Facebook
Sign up with Email Already have an account? .
Posts: 458

Governor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Q: Can I exchange fake notes for real ones at a bank?

...surely there's got to be some kind of compensation for victims of money forgery.

8 years 38 weeks ago in  Money & Banking - China

 
Answers (11)
Comments (1)
Posts: 2020

Peasant

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

no

... surely there can be more effort put in a question?

Report Abuse
8 years 38 weeks ago
 
Posts: 458

Governor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Surely there can be more effort in an answer! I've gotten fake notes from an atm several times, so surely if you can prove that it came from the bank they will compensate you. You really don't deserve any points for that answer. Two thumbs down!!!!!! Angry

Report Abuse
8 years 38 weeks ago
 
Posts: 1318

Shifu

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

With a confused laowai face, most small places will end up taking it just so they don't have to go through the hassle of explaining. It works best if you pretend that you don't speak a single word of Chinese.

If not, take it as a lesson learned and give the fake to a beggar. It will make his day, and if he is really in need of the money (not the fake beggars) then he'll spend the effort to find someone that will take it. Then the bill can be passes off to the next laowai and the circle of life starts all over again.

Report Abuse
8 years 38 weeks ago
 
Posts: 5600

Emperor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

my understanding is that they dont make any effort to verify your story they just dont care and will not take it back, but be carefully of shop keepers that try to claim it is fake and "confiscate" it
there is nothing wrong with your question straight to the point
some people are simply arrogant and expect everything to be book length

Report Abuse
8 years 38 weeks ago
 
Posts: 2020

Peasant

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Hey, don't fret darling. You don't deserve the 2 points either, but i got double your amount because i took the time to answer your question.

"two thumbs down"? What's your other avatar?

and yeah, i know how you feel. I got about 15k rmb in fake money that the atm gave me, but the bank won't exchange it for real one Puzzled

Report Abuse
8 years 38 weeks ago
 
Posts: 73

Governor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Officially if you recieve a bad bill you are S.O.L.

Report Abuse
8 years 28 weeks ago
 
0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

OK Dudes and dudettes,

When you get the notes at the bank, stay at the window, feel the collar on Chairman Mao (to make sure you can feel the ridges). Hold them up to see the lil Chairman MAo "Ghost" thingee on the bill. Take your freaking time. If some Chinese A hole yells you, tell him Biedsway (shut up)! Geez, its China, you already stood in line for an hour for something that would take 15 minutes in the US. Revel in your moment!

Most fake bills are in the Bank Machines. They know you will walk away and then later you got no case! If at the bank machine, you get fake bills follow the advice from above. Stand there, look at the camera, throw some rocks at it (I carry them). Eventually that" Barney Fife" guard from Mayberry RFD chinese dude (maybe has a gun, but they only give him 1 bullet and make him keep it  in his pocket) will come out. And you can explain.

If you walk away from that teller window, or bank machine...you are royally screwed! You aint gettin jack.

They have taken those fake bills back every time. Good thing or they would have my ass to whip!

BTW most fake chinese bills originate from N Korea!

Ive been here along time. I know how to do!

Report Abuse
8 years 28 weeks ago
 
0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Wiki-ExpatJohn, are those 'money' torches (flashlights) that show up the gold flecks in the bill effective? Do those gold flecks indicate a real note, or do fake ones have them as well?

Report Abuse
8 years 28 weeks ago
 
Posts: 124

Governor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

If that was the case dont you think that colour photocopiers across China would be working overtime?

Report Abuse
8 years 28 weeks ago
 
Posts: 18

Governor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

It depends on whether the ink is still wet or not.

Report Abuse
8 years 28 weeks ago
 
Posts: 2

Governor

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

If you think you have gotten a fake note from a machine, hold up the bill(Drunk toward the camera, make sure that the serial number is also visible to the camera. Then you have (Chinese) proof that you received a fake note from the machine. 
There seems to be a lot of fake notes going around lately, so be careful.

Report Abuse
8 years 28 weeks ago
 
Know the answer ?
Please or register to post answer.

Report Abuse

Security Code: * Enter the text diplayed in the box below
Image CAPTCHA
Enter the characters shown in the image.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <br> <p> <u>
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Textual smileys will be replaced with graphical ones.

More information about formatting options

Forward Question

Answer of the DayMORE >>
A: Going to HK would be the best bet I reckon, especially if you were loo
A:Going to HK would be the best bet I reckon, especially if you were looking for a church wedding. Chinese weddings are pretty grim IMO - you go to a barren govt dept with souless officials and navigate red tape so some guy can give you a red stamp and a marriage book. You get expensive pictures taken of you both posing in places you'd never go to in everyday life that is somehow supposed to represent your wedding, then a while later it's off to a restaurant where a game show host kind of guy makes sure it's as tacky as possible while the guests eat as fast as they can so they can leave as soon as they finish eating and gave you money. Hell, I'd go to Thailand or the Philippines and get married in Paradise.   -- Stiggs